Global Data Center Cooling (ICT) Market Research Report

The global data center cooling market is projected to grow from $4.91 billion in 2014 to $9.56 billion in 2019, at an expected CAGR of 14.26% from 2014 to 2019.

The number of data center establishments is increasing, resulting in a rise in the investment in setting up cooling infrastructure. Today, with increased technological advancements in data center space, cooling equipment have become more cost friendly and more efficient, even though cooling consumes the maximum amount of cost in any data center premise. There are existing servers, storage and network OEMs, and data center firms that are collaborating on various aspects to bring about innovation in this market. The growth opportunities in this market are immense, with growing amount of data flow across enterprises in the form of big data, increasing heat density in data centers, and increasing storage requirements and cloud-based systems. More than technical innovations, inherent improvements are sought in hardware and network architecture.

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North America Data Center Cooling (ICT)
North America Data Center Cooling market is projected to grow from $2.05 billion in 2013 to $2.91 billion in 2019, at a CAGR of 5.8% between 2014 and 2019. The market is primarily driven by the increasing demand for data centers and the need for reducing data center infrastructure cost.